Canada will form a new Canada–U.S. trade council as Carney replaces Trudeau’s panel, while trade talks and tariff tensions heat up
Carney Moves Fast on Trade: New Council Coming
Big changes are coming in Canada’s trade strategy. Prime Minister Mark Carney is set to unveil a brand-new advisory council focused on Canada–U.S. trade. And yes, this shift matters. Because trade with the United States is once again at a tense turning point, Canada is moving quickly. Also, the announcement is expected Tuesday, according to sources familiar with the plan.
New Advisory Council Incoming
First, Carney will launch a new advisory council to guide Canada’s trade approach with the United States. Also, the group will replace the earlier panel created in early 2025 by former prime minister Justin Trudeau.
Next, the new council is expected to bring together experts. For example, past panels included labour leaders, industry voices, diplomats, and former premiers. However, it remains unclear who will be chosen this time. Still, the goal is clear: sharpen Canada’s trade response.
Meanwhile, officials say the move is part of a broader push to rethink Canada’s economic ties with the U.S. So, the timing is no accident.
Why It Replaces Trudeau’s Panel
Previously, Trudeau created a similar advisory group during major trade negotiations tied to the Canada–U.S.–Mexico Agreement (CUSMA). Also, that deal is now up for review this year, which adds pressure.
Therefore, Canada is updating its strategy again. In addition, global trade tensions have increased. As a result, Ottawa wants a fresh approach and new advice.
Moreover, this new council signals a shift in tone. Instead of continuity, the focus now leans toward adaptation and speed.
Trade Talks Heat Up Across North America
At the same time, trade discussions across North America are intensifying. For instance, U.S. officials recently met with Mexico’s president, and both sides plan another negotiating round in May.
Meanwhile, Canada continues talks with U.S. counterparts. However, there is no official timeline yet. Even so, Canada says it is ready.
In fact, a federal spokesperson stressed that Canada has already submitted proposals. Also, they said Ottawa does not want to slow things down. So, negotiations remain active and ongoing.
Carney Warns on U.S. Economic Pressure
Additionally, Carney has raised concerns about Canada’s economic reliance on the U.S. Recently, he said those ties have become a “weakness” that needs fixing.
Because of rising U.S. tariffs, industries like steel, auto, and lumber face pressure. Therefore, Canada is now looking to diversify trade relationships.
Furthermore, Carney pointed to global tariff shifts and warned that conditions have changed sharply. As a result, Canada must adjust quickly.
What Happens Next?
So, what comes next? First, the new advisory council will be announced. Then, Canada will continue trade discussions with the United States. Meanwhile, CUSMA reviews will move forward.
In short, Canada is reshaping its trade playbook. And because tensions are rising, every move now carries more weight. Ultimately, this new council could shape how Canada handles its biggest trading partner for years ahead.
